Boise, potato ships . No, computer chips welcome to squawk alley. I am jon fortt with me at post nine, Morgan Brennan and david faber. Carl quintanilla hat morning off. Another busy morning in washington the house of representatives has another big vote on the trade front, expecting to pass usmca, the replacement for nafta, on the heels of approving two articles of impeachment against President Trump last night Kayla Tausche joins us with more reporter the vote will be a stark contrast to the Party Line Vote on impeachment. On the house floor on capitol hill, two hours of debate is beginning that will tee up a vote that white house officials expect to be a landslide bipartisan vote, thanks largely because of provisions folded in to win over House Democrats by Bob Lighthizer last hour on cnbc, the treasury secretary said it should be seen as a win for the economy, not a win for House Speaker nancy pelosi were going to get in excess of 50 basis points of additional growth in gdp as a res
Coming out. Ok. If theres any members of the public that would like to address the commission about going to closed session, now would be the time. Seeing there is no members of the public, we will not have Public Comment. Will everyone please vacate the room that doesnt need to be here . Should we call the meeting to order . Is there a motion not to disclose . Is there a second . Great. Could we do that without objection . Ok, great. Item passes. First order of business is Public Comment. Are there any members of the public that would like to address the commission . My name is john stenson. Id like to give you four good reasons why you should divest from hedge funds. This is a highrisk, highcost, lowreturn and they dont give protection during a down market. I think all you members, including the Investment Consultant have been sold on the theory that hedge funds gives protection. Which is not true. Lets go back to 2008. That was our last down market. What happened to hedge funds in 2
Address the commission about going to closed session, now would be the time. Seeing there is no members of the public, we will not have Public Comment. Will everyone please vacate the room that doesnt need to be here . Should we call the meeting to order . Is there a motion not to disclose . Is there a second . Great. Could we do that without objection . Ok, great. Item passes. First order of business is Public Comment. Are there any members of the public that would like to address the commission . My name is john stenson. Id like to give you four good reasons why you should divest from hedge funds. This is a highrisk, highcost, lowreturn and they dont give protection during a down market. I think all you members, including the Investment Consultant have been sold on the theory that hedge funds gives protection. Which is not true. Lets go back to 2008. That was our last down market. What happened to hedge funds in 2008. The average hedge fund lost between 18 and 20 . Im sure youre all
Do we need a motion to go no, were just coming out. Coming out. Ok. If theres any members of the public that would like to address the commission about going to closed session, now would be the time. Seeing there is no members of the public, we will not have Public Comment. Will everyone please vacate the room that doesnt need to be here . Should we call the meeting to order . Is there a motion not to disclose . Is there a second . Great. Could we do that without objection . Ok, great. Item passes. First order of business is Public Comment. Are there any members of the public that would like to address the commission . My name is john stenson. Id like to give you four good reasons why you should divest from hedge funds. This is a highrisk, highcost, lowreturn and they dont give protection during a down market. I think all you members, including the Investment Consultant have been sold on the theory that hedge funds gives protection. Which is not true. Lets go back to 2008. That was our
Address the commission about going to closed session, now would be the time. Seeing there is no members of the public, we will not have Public Comment. Will everyone please vacate the room that doesnt need to be here . Should we call the meeting to order . Is there a motion not to disclose . Is there a second . Great. Could we do that without objection . Ok, great. Item passes. First order of business is Public Comment. Are there any members of the public that would like to address the commission . My name is john stenson. Id like to give you four good reasons why you should divest from hedge funds. This is a highrisk, highcost, lowreturn and they dont give protection during a down market. I think all you members, including the Investment Consultant have been sold on the theory that hedge funds gives protection. Which is not true. Lets go back to 2008. That was our last down market. What happened to hedge funds in 2008. The average hedge fund lost between 18 and 20 . Im sure youre all